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Stock · Trading days

Kratos Defense & Security Solutions (KTOS)

Kratos Defense & Security Solutions's returns, drawdowns, and beta to S&P 500, in one view.

Last updated:

Gale Finance Team
Written by Gale Finance Team
Sid Kalla
Reviewed by Sid Kalla CFA Charterholder
Quick Answer

What is Kratos Defense & Security Solutions' risk, return, and volatility like?

Kratos Defense & Security Solutions returned +69.0% over the 1Y window. On the 5Y lens, Sharpe ratio is 0.50, annualized volatility is 51.2%, and max drawdown is -69.4%.

Total Return
1Y +69.0%
5Y +133.7%
Sharpe Ratio
1Y 1.05
5Y 0.50
Annualized Volatility
1Y 68.8%
5Y 51.2%
Max Drawdown
1Y -56.4%
5Y -69.4%

Trade KTOS

Access this asset on trusted platforms.

Hyperliquid
Trade perpetual futures exposure where supportedKTOSTrade on Hyperliquid
Binance
Trade futures exposure on a global exchange where supportedKTOSTrade on Binance

Affiliate disclosure

Price history

Kratos Defense & Security Solutions price over the past 5Y

Track Kratos Defense & Security Solutions's standalone price path with macro and asset-specific events enabled by default.

Kratos Defense & Security Solutions price over the past 5Y

KTOS
7 events in this period
Show events
Latest close $57.33 Data through 2026-05-12
5Y low $9.06 Window low
5Y high $130.72 Window high

Key takeaways

  • Total Return: KTOS returned +69.0% over the 1Y window and +133.7% over the 5Y window ; annualized return over 5Y was +18.5%.
  • Risk-adjusted return: Sharpe was 0.50 and Sortino was 0.77 over 5Y. Sharpe counts total volatility; Sortino focuses on downside volatility.
  • Volatility & drawdown: Annualized volatility was 68.8% over 1Y and 51.2% over 5Y ; max drawdown was -56.4% over 1Y and -69.4% over 5Y .
  • Tail risk (Expected Shortfall): Over 5Y, daily VaR (5%) was -4.9% and Expected Shortfall was -7.1%. VaR is the cutoff; Expected Shortfall is the average move inside the worst 5% of daily returns.
  • Skew & kurtosis: Over 5Y, skew was 0.35 and excess kurtosis was 3.61. Skew shows return asymmetry; excess kurtosis shows how fat the tails were versus a Normal distribution.
  • Risk ratios: Sortino Ratio: 0.77 , Calmar Ratio: 0.27 , Sterling Ratio: 0.30 , Treynor Ratio: 0.21 , Ulcer Index: 38.23% .

Kratos Defense & Security Solutions Drawdown

KTOS 1Y Max Drawdown
↓ -56.4%
2026-01-16 to 2026-05-11
KTOS 5Y Max Drawdown
↓ -69.4%
2021-06-29 to 2022-12-09

Max drawdown shows the deepest peak-to-trough decline Kratos Defense & Security Solutions suffered in each research window. 1Y: -56.4%; 5Y: -69.4%.

Kratos Defense & Security Solutions is currently -56.1% below its prior peak, with the high-water mark at $130.72. 5Y low is $9.06.

KTOS underwater plot (5Y). Zero means at a prior peak; dips show how far below peak the close was on each day. Deepest trough: -69.4% on Dec 9, 2022.
-69.4% 2021-05-13 2026-05-12 0% -69%

5Y drawdown episodes

#1
-69.4% Jun 29, 2021 to Dec 9, 2022
Recovered Jan 13, 2025 1294 total days
#2
-56.4% Jan 16, 2026 to May 11, 2026
Not yet recovered 116 total days
#3
-36.3% Oct 8, 2025 to Nov 20, 2025
Recovered Jan 9, 2026 93 total days

Kratos Defense & Security Solutions Volatility

KTOS 1Y Volatility
68.8%
Annualized daily closes
KTOS 5Y Volatility
51.2%
Annualized daily closes

Volatility Kratos Defense & Security Solutions's annualized volatility shows how widely daily closes moved over 1Y and 5Y. Higher values mean a noisier path, not automatically a better or worse investment. 1Y: 68.8%; 5Y: 51.2%.

Benchmark context

Where KTOS fits relative to other lenses

Benchmark links are secondary on this page. Use them when you want to place the asset against a specific market, factor, or historical counterpart.

Default benchmark

S&P 500

SPY

Broad equity benchmark

1Y return
↑ +26.9%
KTOS minus SPY
↑ +42.8%
Correlation
0.36
1Y
KTOS vs SPY average correlation
Moderately linked
0.36
QQQ

Nasdaq 100

Corr 0.35

Growth and tech benchmark

1Y return +37.7%
KTOS minus QQQ +32.1%
BTC

Bitcoin

Corr 0.25

Cross-asset crypto benchmark

1Y return -22.0%
KTOS minus BTC +91.7%
XAU

Gold

Corr 0.15

Store-of-value benchmark

1Y return +45.1%
KTOS minus XAU +24.6%

Risk-adjusted ratios

These ratios compare return against different definitions of risk: total volatility, downside volatility, drawdowns, benchmark beta, and time spent underwater.

Kratos Defense & Security Solutions Sharpe Ratio

KTOS 1Y Sharpe ratio
↑ 1.05
Recent window
KTOS 5Y Sharpe ratio
↑ 0.50
Deeper research window

KTOS Sharpe Ratio (5Y)

Return per total volatility

The dot sits at (Kratos Defense & Security Solutions's annualized volatility, its excess annualized return). The slope from the origin to the dot is the Sharpe ratio — steeper means the asset converted risk into return more efficiently.

Higher is better
Excess return Annualized volatility 0 75% vol 51.2% · excess +25.8%
excess annualized return / total volatility
Formula Sharpe=E[R]−RfσR\displaystyle \mathrm{Sharpe} = \frac{\mathbb{E}[R] - R_f}{\sigma_R}

Sharpe ratio Kratos Defense & Security Solutions's Sharpe ratio measures excess return per unit of total volatility. Higher readings mean the asset converted risk into return more efficiently over the same window. 1Y: 1.05; 5Y: 0.50.

A Sharpe above 1.0 is generally considered good, above 2.0 is excellent. Negative Sharpe means the asset underperformed the risk-free rate. Calculated on each asset's full 365-day lookback of available prices and annualized using the asset calendar (365 for crypto, 252 trading days for equities/ETFs/metals).

Kratos Defense & Security Solutions Sortino Ratio

KTOS 1Y Sortino ratio
↑ 1.57
Recent window
KTOS 5Y Sortino ratio
↑ 0.77
Deeper research window

KTOS Sortino Ratio (5Y)

Return per downside volatility

Kratos Defense & Security Solutions's daily-return distribution over the long window. Days left of the target line are the only ones Sortino penalizes in the denominator — so a distribution with a fat left tail produces a smaller Sortino even at the same mean return.

Higher is better
Frequency (days) Daily return (%) target -15.6% +23.2% 224 0
excess annualized return / downside volatility
Formula Sortino=E[R]−Rfσdown\displaystyle \mathrm{Sortino} = \frac{\mathbb{E}[R] - R_f}{\sigma_{\mathrm{down}}}

Sortino ratio Kratos Defense & Security Solutions's Sortino ratio isolates downside volatility instead of all volatility. It is the cleaner lens when you care more about bad downside moves than upside noise. 1Y: 1.57; 5Y: 0.77.

A higher Sortino is better. It's useful when upside volatility is common (crypto is the obvious example). Calculated on each asset's full 365-day lookback of available prices, using the daily risk-free rate as the target return, and annualized using the asset calendar (365 for crypto, 252 trading days for equities/ETFs/metals).

Kratos Defense & Security Solutions Calmar Ratio

KTOS 1Y Calmar ratio
↑ 1.22
Recent window
KTOS 5Y Calmar ratio
↑ 0.27
Deeper research window

KTOS Calmar Ratio (5Y)

CAGR per worst drawdown

Kratos Defense & Security Solutions's CAGR bar sits above zero, the max drawdown bar sits below. Calmar is the ratio of those two magnitudes — a shallow drawdown bar with a tall CAGR bar produces a strong Calmar.

Higher is better
0% KTOS 5Y +18.5% -69.4%
CAGR / max drawdown
Formula Calmar=CAGR∣MaxDD∣\displaystyle \mathrm{Calmar} = \frac{\mathrm{CAGR}}{|\mathrm{MaxDD}|}

Calmar ratio Kratos Defense & Security Solutions's Calmar ratio measures return per unit of max drawdown. It is useful when the path of losses matters as much as the final return. 1Y: 1.22; 5Y: 0.27.

Calmar is computed on each asset's full 365-day lookback and uses the max drawdown over that same window.

Kratos Defense & Security Solutions Sterling Ratio

KTOS 1Y Sterling ratio
↑ 1.40
Recent window
KTOS 5Y Sterling ratio
↑ 0.30
Deeper research window

KTOS Sterling Ratio (5Y)

Return per average drawdown

The underwater curve shows Kratos Defense & Security Solutions's drawdowns over the long window. Sterling averages every event deeper than the 10% threshold instead of taking only the worst one — so an asset with many mid-size drawdowns scores worse here than on Calmar.

Higher is better
0% -18% -36% -55% -73% 10% drawdown threshold
excess CAGR / average deep drawdown
Formula Sterling=CAGR−RfD‾>10%\displaystyle \mathrm{Sterling} = \frac{\mathrm{CAGR} - R_f}{\overline{D}_{>10\%}}

Sterling ratio Kratos Defense & Security Solutions's Sterling ratio compares return against deep drawdown pressure. It gives a harsher read on assets that compound well but suffer ugly declines along the way. 1Y: 1.40; 5Y: 0.30.

Sterling uses average drawdown events deeper than 10% and subtracts the risk-free rate to report excess return.

Kratos Defense & Security Solutions Ulcer Index

KTOS 1Y Ulcer Index
24.92
Recent window
KTOS 5Y Ulcer Index
38.23
Deeper research window

KTOS Ulcer Index (5Y)

Drawdown pain

The underwater curve shows how deep and how long Kratos Defense & Security Solutions's drawdowns were. Ulcer is the root-mean-square of that curve — both depth and persistence count, so lower is better.

Lower is better
0% -18% -36% -55% -73%
root-mean-square drawdown
Formula UI=E[Dt2]\displaystyle \mathrm{UI} = \sqrt{\mathbb{E}[D_t^2]}

Ulcer Index Kratos Defense & Security Solutions's Ulcer Index measures both the depth and persistence of drawdowns. Lower is better because it means fewer and shallower underwater periods. 1Y: 24.92; 5Y: 38.23.

Ulcer Index is computed from each asset's drawdown series over the full lookback window.

Kratos Defense & Security Solutions Treynor Ratio

KTOS 1Y Treynor
↑ 0.37
Beta 1.97 vs SPY
KTOS 5Y Treynor
↑ 0.21
Beta 1.20 vs SPY

KTOS Treynor Ratio (5Y)

Excess return per beta vs SPY

The line's slope is Kratos Defense & Security Solutions's beta to SPY — steeper means more market-sensitive. Treynor divides excess return by that slope, so an asset can look efficient with a shallow beta and a small return, or inefficient with a steep beta and a big return.

Higher is better
Asset return Market return 0 0 β 1.20
excess return / market beta
Formula Treynor=E[R]−Rfβ\displaystyle \mathrm{Treynor} = \frac{\mathbb{E}[R] - R_f}{\beta}

Treynor ratio measures excess return per unit of market beta versus SPY. A high Treynor means the asset compensated its market exposure well over this window. A low or negative Treynor means the asset's market risk wasn't rewarded.

Treynor uses beta vs the S&P 500 (SPY) on shared dates and the average 3-month Treasury rate as the risk-free rate.

Kratos Defense & Security Solutions Tail Risk

Tail-risk stats use daily return distributions rather than simple end-point returns. They show how ugly the left tail has been, how severe the worst 5% of days were, and whether returns were skewed toward outsized upside or downside shocks.

The histogram shows the shape of Kratos Defense & Security Solutions's daily log returns over the 5Y window. Bars left of the 5% VaR marker are the worst 5% of days; the ES marker is the average loss inside that tail. Skew and excess kurtosis describe whether the distribution is symmetric around zero and whether extreme days are more common than a Normal distribution predicts.

KTOS daily return distribution (5Y)

KTOS daily return distribution (5Y)

Log-return histogram with Value-at-Risk and Expected Shortfall markers at the 5% left tail.

Days
KTOS 5Y VaR 5% ES 5% -22.8% 0% +22.8% Daily log return
worst-5% daily return and the average loss inside it
Formula VaR5%=Q0.05(R),ES5%=E[R∣R≤VaR5%]\displaystyle \mathrm{VaR}_{5\%} = Q_{0.05}(R),\quad \mathrm{ES}_{5\%} = \mathbb{E}[R \mid R \le \mathrm{VaR}_{5\%}]
Metric 1Y5Y
VaR (5%) -6.9% Historical daily threshold -4.9% Historical daily threshold
Expected shortfall (5%) -8.9% Beyond the VaR threshold -7.1% Beyond the VaR threshold
Skew -0.09 0.35
Excess kurtosis 0.68 3.61

Less negative daily VaR and Expected Shortfall values mean the left tail was less violent. Skew and excess kurtosis help distinguish between steady compounding and a path dominated by occasional extreme moves.

Full stats table

Every window-consistent research metric

Each column keeps the same horizon across returns, ratios, drawdowns, and tail-risk metrics.

Metric
1Y Recent window
5Y Deeper research window
Total return
+69.0%
+133.7%
Annualized return
+69.0%
+18.5%
Volatility
68.8% Annualized daily closes
51.2% Annualized daily closes
Sharpe ratio
1.05
0.50
Sortino ratio
1.57
0.77
Calmar ratio
1.22
0.27
Sterling ratio
1.40
0.30
Ulcer Index
24.92
38.23
Max drawdown
-56.4% 2026-01-16 to 2026-05-11
-69.4% 2021-06-29 to 2022-12-09
VaR (5%)
-6.9% Historical daily threshold
-4.9% Historical daily threshold
Expected shortfall (5%)
-8.9% Beyond the VaR threshold
-7.1% Beyond the VaR threshold
Skew
-0.09
0.35
Excess kurtosis
0.68
3.61

What viewers usually ask next

What is Kratos Defense & Security Solutions's 5Y CAGR?

Kratos Defense & Security Solutions's 5y cagr is +18.5% on Gale using the past 5 years.

What is Kratos Defense & Security Solutions's 1-year volatility?

Annualized volatility is 68.8% over the past year.

What is Kratos Defense & Security Solutions's 5-year Sharpe ratio?

Kratos Defense & Security Solutions's Sharpe ratio is 0.50 using the past 5 years.

What is Kratos Defense & Security Solutions's 5-year Sortino ratio?

Kratos Defense & Security Solutions's Sortino ratio is 0.77 using the past 5 years.

What is Kratos Defense & Security Solutions's 5-year Calmar ratio?

Kratos Defense & Security Solutions's Calmar ratio is 0.27 using the past 5 years.

What is Kratos Defense & Security Solutions's 5-year Sterling ratio?

Kratos Defense & Security Solutions's Sterling ratio is 0.30 using the past 5 years.

What is Kratos Defense & Security Solutions's 5-year Ulcer Index?

Kratos Defense & Security Solutions's Ulcer Index is 38.23 using the past 5 years. Lower is better because it means shallower and less persistent drawdowns.

What is Kratos Defense & Security Solutions's 5-year max drawdown?

Max drawdown is -69.4% over the past 5 years from 2021-06-29 to 2022-12-09.

What is Kratos Defense & Security Solutions's 5-year daily Value at Risk?

Using historical daily returns, Gale estimates a 5% Value at Risk of -4.88% over the past 5 years.

What is Kratos Defense & Security Solutions's 5-year Expected Shortfall?

Expected Shortfall is -7.09% over the past 5 years, which captures the average outcome inside the worst 5% of daily returns.

Is Kratos Defense & Security Solutions still below its all-time high?

Current drawdown is -56.1% versus the all-time high of $130.72 reached on 2026-01-16.

Which benchmark should viewers open first for Kratos Defense & Security Solutions?

S&P 500 is the default benchmark lens on Gale because it gives the cleanest context for Kratos Defense & Security Solutions's recent behavior.